Residential Investment Building for Sale in Al Majarah Sharjah

An outstanding investment opportunity to acquire a modern residential building in Al Majarah Sharjah offering a strong rental return of approximately seven point five percent with excellent potential for future income growth making it an ideal choice for investors seeking stable long term returns

The building enjoys a strategic location in one of Sharjah's established residential areas close to government offices shopping centers public transportation schools restaurants and all essential daily services ensuring consistent tenant demand and long term investment value

The property consists of twenty three studio apartments fourteen one bedroom apartments and two commercial retail shops creating a diversified rental portfolio that provides multiple sources of income and supports high occupancy levels

The building is equipped with central air conditioning a modern elevator and quality finishes throughout It is only seven years old and has been well maintained making it a ready income generating investment with minimal maintenance requirements

The current annual rental income is AED 760000 with the potential to increase to approximately AED 820000 per year after updating tenancy agreements in line with current market rates offering attractive future growth and improved investment returns

This property represents an excellent opportunity for investors looking for a secure income producing asset with reliable cash flow and long term capital appreciation in one of Sharjah's most desirable investment locations

Asking Price AED 9000000

Property details

Prime location - Open view - Parking available

Amenities

Location

About Al Qulaya'ah

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Regulatory information

Regulatory information

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